“I am pleased with our same-restaurant sales performance in a
challenging economic environment. We are building momentum and are on
the right track with consumers. We are continuing to execute on our
strategy to differentiate both brands, driving both innovation and
change,” said Julia A. Stewart, Chairman and Chief Executive Officer of
DineEquity, Inc. “During the third quarter, we generated substantial
free cash flow, which allowed us to return significant cash to
stockholders through the combination of a cash dividend payment and
share repurchases. I am confident in our strategy for long-term success.”

Third Quarter 2013 Financial Highlights

Adjusted net income available to common stockholders was $21.0
million, representing adjusted earnings per diluted share of $1.10 for
the third quarter of 2013, which includes approximately $3.8 million
in non-recurring termination fees arising from the previously
disclosed bankruptcy filing by an Applebee's franchisee. This compares
to $18.9 million, or adjusted earnings per diluted share of $1.03, for
the third quarter of 2012. The increase in adjusted net income was due
to lower cash interest expense and a decline in general and
administrative expenses. The increase was partially offset by, as
expected, lower segment profit resulting from the refranchise and sale
of 137 Applebee's company-operated restaurants during the third and
fourth quarters of 2012, and a higher tax rate. (See “Non-GAAP
Financial Measures” below.)

GAAP net income available to common stockholders was $18.4 million, or
earnings per diluted share of $0.97 for the third quarter of 2013,
compared to $58.7 million, or earnings per diluted share of $3.14, for
the third quarter of 2012. The decrease in net income was primarily
due to the impact of 2012 refranchising asset sales and related lower
segment profit. These items were partially offset by lower income tax
expense, a decline in general and administrative expenses, and lower
interest expense.

Consolidated general and administrative expenses were $35.3 million
for the third quarter of 2013 compared to $48.7 million in the third
quarter of 2012. The decrease was primarily due to a non-recurring
$9.0 million charge recorded in the third quarter of 2012 related to
settlement of litigation that commenced prior to our acquisition of
Applebee's and lower personnel costs.

First Nine Months of 2013 Highlights

Adjusted net income available to common stockholders was $62.5 million
in the first nine months of 2013, representing adjusted earnings per
diluted share of $3.26. This compares to $62.6 million, or adjusted
earnings per diluted share of $3.44, for the same period in 2012. The
decrease was primarily due to lower segment profit as a result of
refranchising and a higher tax rate. These items were partially offset
by lower cash interest expense and a decline in general and
administrative expenses. (See “Non-GAAP Financial Measures” below.)

GAAP net income available to common stockholders was $53.0 million in
the first nine months of 2013, or earnings per diluted share of $2.76,
compared to $104.3 million, or earnings per diluted share of $5.66 for
the same period in 2012. The decrease in net income was primarily due
to the impact of 2012 refranchising asset sales and related lower
segment profit. These items were partially offset by lower income tax
expense, a decline in general and administrative expenses, and lower
interest expense.

Consolidated general and administrative expenses were $105.0 million
in the first nine months of 2013 compared to $125.6 million for the
same period of 2012. The decrease was primarily due to a decline in
compensation costs and a non-recurring $9.0 million charge recorded in
the third quarter of 2012 related to settlement of litigation.

EBITDA was $211.9 million for the first nine months of 2013. (See
“Non-GAAP Financial Measures” below.)

Applebee's domestic system-wide same-restaurant sales decreased 0.4%
for the third quarter of 2013 compared to the same quarter of 2012.
The decrease in same-restaurant sales reflected a decline in traffic,
partially offset by an increase in average guest check.

IHOP's domestic system-wide same restaurant sales increased 3.6% for
the third quarter of 2013 compared to the same quarter of 2012. The
increase in same-restaurant sales reflected a higher average guest
check, largely due to a favorable shift in product mix. The increase
was partially offset by a decline in traffic.

First Nine Months of 2013

Applebee's domestic system-wide same-restaurant sales decreased 0.1%
for the first nine months of 2013 compared to the same period in 2012.
The decrease in same-restaurant sales reflected a decline in traffic,
partially offset by an increase in average guest check.

IHOP's domestic system-wide same restaurant sales increased 1.7% for
the first nine months of 2013 compared to the same period in 2012. The
increase in same-restaurant sales reflected a higher average guest
check, partially offset by a decline in traffic.

Financial Performance Guidance for Fiscal 2013

Revised Applebee's domestic system-wide same-restaurant sales
performance to range between negative 0.5% and positive 0.5%. This
reflects a narrowing of the range from our previous expectations of
between negative 1.5% and positive 1.5%.

Revised IHOP's domestic system-wide same-restaurant sales
performance to range between positive 2.0% and positive 3.0%. This
reflects an increase from previous expectations of between negative
1.5% and positive 1.5%.

Revised Applebee's franchisees to develop between 25 and 30 new
restaurants, the majority of which are expected to be opened in the
U.S. This reflects a reduction from previous expectations of between
40 and 50 new restaurants.

Reiterated IHOP franchisees and its area licensee to develop
between 50 and 60 new restaurants, the majority of which are expected
to be domestic openings.

Revised Franchise segment profit to be between $329 million and
$331 million. This reflects an increase from previous expectations of
between $312 million and $325 million.

Revised Company Restaurants segment profit to breakeven. This
is net of approximately $2 million of depreciation and amortization.
The profit revision reflects a reduction from previous expectations of
approximately $1 million on an annualized basis. DineEquity will
operate its remaining company-operated restaurants to primarily test
new products, operational improvements, technology, and service
platforms.

Revised Rental and Financing segments are expected to generate
approximately $40 million in combined profit. This reflects an
increase from previous expectations of between $34 million and $35
million in combined profit.

Revised expectations for consolidated general and
administrative expenses to between $142 million and $144 million,
including non-cash stock-based compensation expense and depreciation
of approximately $16 million.

Revised expectations for consolidated interest expense to be
approximately $101 million. Approximately $6 million is expected to be
non-cash interest expense.

Reiterated the income tax rate to be approximately 38%.

Revised consolidated cash from operations is expected to range
between $102 million and $116 million. This reflects an increase from
previous expectations of between $88 million and $102 million. The
increase is primarily due to improvements in net income and net
working capital.

Reiterated the structural run-off of the Company's long-term
receivables is expected to be approximately $14 million.

Reiterated the principal payments on capital leases and
financing obligations will be approximately $10 million.

Revised consolidated capital expenditures are expected to be
approximately $7 million. This reflects a reduction from expectations
of capital expenditures between $8 million and $10 million.

Reiterated a mandatory annual repayment of 1% on the current
outstanding Term Loan principal balance will be $4.7 million.

Reiterated net income allocated to unvested participating
restricted stock is expected to total approximately $1.5 million.

Revised weighted average diluted shares outstanding are
expected to be approximately 19.1 million. This reflects an increase
from the prior year primarily due to the fourth quarter 2012
conversion of the Series B Convertible Preferred Stock into the
Company's common stock. No estimate is made in this number for any
potential share repurchases.

Adjusted earnings per diluted share for fiscal 2013 are expected to be
between $4.14 and $4.24.

Investor Conference Call Today

The Company will host an investor conference call on Tuesday, October
29, 2013, at 11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time to discuss
its third quarter 2013 results. To participate on the call, please dial
(888) 679-8035 and reference pass code 18020176. International callers,
please dial (617) 213-4848 and reference pass code 18020176.
Participants may also pre-register to obtain a unique pin number to join
the live call without operator assistance by visiting the following Web
site:

A live webcast of the call will be available on DineEquity's Web site at www.dineequity.com,
and may be accessed by visiting Calls & Presentations under the site's
Investors section. Participants should allow approximately ten minutes
prior to the call's start time to visit the site and download any
streaming media software needed to listen to the webcast. A telephonic
replay of the call may be accessed through 11:59 p.m. Pacific Time on
November 5, 2013 by dialing (888) 286-8010 and referencing pass code
85927053. International callers, please dial (617) 801-6888 and
reference pass code 85927053. An online archive of the webcast also will
be available on the Investors section of DineEquity's Web site.

About DineEquity, Inc.

Based in Glendale, California, DineEquity, Inc., through its
subsidiaries, franchises and operates restaurants under the Applebee's
Neighborhood Grill & Bar and IHOP brands. With more than 3,600
restaurants combined in 19 countries, over 400 franchisees and
approximately 200,000 team members (including franchisee- and
company-operated restaurant employees), DineEquity is one of the largest
full-service restaurant companies in the world. For more information on
DineEquity, visit the Company's Web site located at www.dineequity.com.

Forward-Looking Statements

Statements contained in this press release may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. You can identify these forward-looking
statements by words such as "may," "will," "should," "expect,"
"anticipate," "believe," "estimate," "intend," "plan" and other similar
expressions. These statements involve known and unknown risks,
uncertainties and other factors, which may cause actual results to be
materially different from those expressed or implied in such statements.
These factors include, but are not limited to: the effect of general
economic conditions; the Company's indebtedness; risk of future
impairment charges; trading volatility and the price of the Company's
common stock; the Company's results in any given period differing from
guidance provided to the public; the highly competitive nature of the
restaurant business; the Company's business strategy failing to achieve
anticipated results; risks associated with the restaurant industry;
risks associated with locations of current and future restaurants;
rising costs for food commodities and utilities; shortages or
interruptions in the supply or delivery of food; ineffective marketing
and guest relationship initiatives and use of social media; changing
health or dietary preferences; our engagement in business in foreign
markets; harm to our brands' reputation; litigation; third-party claims
with respect to intellectual property assets; environmental liability;
liability relating to employees; failure to comply with applicable laws
and regulations; failure to effectively implement restaurant development
plans; our dependence upon our franchisees; concentration of Applebee's
franchised restaurants in a limited number of franchisees; credit risk
from IHOP franchisees operating under our previous business model;
termination or non-renewal of franchise agreements; franchisees
breaching their franchise agreements; insolvency proceedings involving
franchisees; changes in the number and quality of franchisees; inability
of franchisees to fund capital expenditures; heavy dependence on
information technology; the occurrence of cyber incidents or a
deficiency in our cybersecurity; failure to execute on a business
continuity plan; inability to attract and retain talented employees;
risks associated with retail brand initiatives; failure of our internal
controls; and other factors discussed from time to time in the Company's
Annual and Quarterly Reports on Forms 10-K and 10-Q and in the Company's
other filings with the Securities and Exchange Commission. The
forward-looking statements contained in this release are made as of the
date hereof and the Company assumes no obligation to update or
supplement any forward-looking statements.

Non-GAAP Financial Measures

This news release includes references to the Company's non-GAAP
financial measures "adjusted net income available to common stockholders
(adjusted EPS)," "EBITDA," "free cash flow," and "segment EBITDA."
"Adjusted EPS" is computed for a given period by deducting from net
income (loss) available to common stockholders for such period the
effect of any closure and impairment charges, any gain or loss related
to debt extinguishment, any intangible asset amortization, any non-cash
interest expense, any debt modification costs, any one-time litigation
settlement charges, any general and administrative restructuring costs,
net of savings, any gain or loss related to the disposition of assets,
and any state income tax impact of deferred taxes due to refranchising
incurred in such period. This is presented on an aggregate basis and a
per share (diluted) basis. The Company defines "EBITDA" for a given
period as income before income taxes less interest expense, loss on
extinguishment of debt, depreciation and amortization, closure and
impairment charges, non-cash stock-based compensation, gain/loss on
disposition of assets and other charge backs as defined by its credit
agreement. "Free cash flow" for a given period is defined as cash
provided by operating activities, plus receipts from notes and equipment
contracts receivable ("long-term notes receivable"), less principal
payments on capital lease and financing obligations, the mandatory 1% of
Term Loan principal balance repayment, and capital expenditures.
"Segment EBITDA" for a given period is defined as gross segment profit
plus depreciation and amortization as well as interest charges related
to the segment. Management utilizes EBITDA for debt covenant purposes
and free cash flow to determine the amount of cash remaining for general
corporate and strategic purposes after the receipts from long-term
receivables, and the funding of operating activities, capital
expenditures and dividends. Management believes this information is
helpful to investors to determine the Company's adherence to debt
covenants and the Company's cash available for these purposes. Adjusted
EPS, EBITDA, free cash flow and segment EBITDA are supplemental non-GAAP
financial measures and should not be considered in isolation or as a
substitute for measures of performance prepared in accordance with
United States generally accepted accounting principles.

Adjustments to reconcile net income to cash flows provided by
operating activities:

Depreciation and amortization

26,516

30,756

Non-cash interest expense

4,635

4,547

Loss on extinguishment of debt

36

4,917

Closure and impairment charges

1,166

991

Deferred income taxes

(16,007

)

(20,361

)

Non-cash stock-based compensation expense

7,081

8,799

Tax benefit from stock-based compensation

3,001

6,334

Excess tax benefit from share-based compensation

(1,985

)

(4,757

)

Gain on disposition of assets

(326

)

(89,642

)

Other

791

(1,768

)

Changes in operating assets and liabilities:

Receivables

41,698

41,422

Current income tax receivables and payables

7,232

12,512

Other current assets

16,054

7,414

Accounts payable

2,650

2,080

Accrued employee compensation and benefits

(4,372

)

(6,490

)

Gift card liability

(68,493

)

(62,841

)

Other accrued expenses

29,231

25,298

Cash flows provided by operating activities

102,814

68,066

Cash flows from investing activities:

Additions to property and equipment

(4,547

)

(13,477

)

Proceeds from sale of property and equipment and assets held for sale

—

137,449

Principal receipts from notes, equipment contracts and other
long-term receivables

10,254

10,276

Other

282

964

Cash flows provided by investing activities

5,989

135,212

Cash flows from financing activities:

Borrowings under revolving credit facilities

—

50,000

Repayments under revolving credit facilities

—

(50,000

)

Repayment of long-term debt (including premiums)

(2,400

)

(184,237

)

Payment of debt modification costs

(1,296

)

—

Principal payments on capital lease and financing obligations

(7,515

)

(8,246

)

Repurchase of DineEquity common stock

(24,663

)

—

Dividends paid on common stock

(43,170

)

—

Repurchase of restricted stock

(3,209

)

(1,690

)

Proceeds from stock options exercised

5,585

5,443

Excess tax benefit from share-based compensation

1,985

4,757

Change in restricted cash

(3,122

)

(8,158

)

Cash flows used in financing activities

(77,805

)

(192,131

)

Net change in cash and cash equivalents

30,998

11,147

Cash and cash equivalents at beginning of period

64,537

60,691

Cash and cash equivalents at end of period

$

95,535

$

71,838

NON-GAAP FINANCIAL MEASURES

(In thousands, except per share amounts)

(Unaudited)

Reconciliation of (i) net income available to common stockholders
to (ii) net income available to common stockholders excluding
closure and impairment charges; loss on extinguishment of debt;
amortization of intangible assets; non-cash interest expense; debt
modification costs; a one-time litigation settlement; general and
administrative ("G&A") restructuring costs, net of savings;
gain/loss on disposition of assets; and the state income tax
impact of deferred taxes due to refranchising, all items net of
taxes (as appropriate), and related per share data:

Three Months Ended

Nine Months Ended

September 30,

September 30,

2013

2012

2013

2012

Net income available to common stockholders, as reported

$

18,434

$

58,698

$

52,981

$

104,345

Closure and impairment charges

(392

)

420

770

1,264

Loss on extinguishment of debt

—

2,306

36

4,917

Amortization of intangible assets

3,072

3,072

9,212

9,222

Non-cash interest expense

1,581

1,502

4,635

4,547

Debt modification costs

—

—

1,296

—

Litigation settlement

—

9,047

—

9,047

G&A restructuring costs, net of savings

—

1,269

—

1,269

Gain on disposition of assets

(72

)

(73,650

)

(326

)

(89,642

)

Income tax (benefit) provision

(1,592

)

21,652

(5,937

)

22,943

State income tax impact on deferred taxes due to refranchising

—

(6,258

)

—

(6,258

)

Net income allocated to unvested participating restricted stock

(45

)

806

(181

)

990

Net income available to common stockholders, as adjusted

$

20,986

$

18,864

$

62,486

$

62,644

Diluted net income available to common stockholders per share:

Net income available to common stockholders, as reported

$

0.97

$

3.14

$

2.76

$

5.66

Closure and impairment charges

(0.01

)

0.01

0.02

0.04

Loss on extinguishment of debt

—

0.07

0.00

0.16

Amortization of intangible assets

0.10

0.10

0.30

0.30

Noncash interest expense

0.05

0.05

0.15

0.15

Debt modification costs

—

—

0.04

—

Litigation settlement

—

0.29

—

0.30

G&A restructuring costs, net of savings

—

0.04

—

0.04

Gain on disposition of assets

(0.00

)

(2.39

)

(0.01

)

(2.93

)

State income tax impact on deferred taxes due to refranchising

—

(0.33

)

—

(0.33

)

Net income allocated to unvested participating restricted stock

(0.00

)

0.04

(0.01

)

0.05

Rounding

(0.01

)

0.01

0.01

—

Diluted net income available to common stockholders per share, as
adjusted

$

1.10

$

1.03

$

3.26

$

3.44

Numerator for basic EPS-income available to common stockholders, as
adjusted

$

20,986

$

18,864

$

62,486

$

62,644

Effect of unvested participating restricted stock using the
two-class method

1

18

5

73

Effect of dilutive securities:

Convertible Series B preferred stock

—

688

—

2,033

Numerator for diluted EPS-income available to common stockholders
after assumed conversions, as adjusted

Reconciliation of the Company's cash provided by operating activities to
"free cash flow" (cash from operations, plus receipts from notes,
equipment contracts and other long-term receivables, less consolidated
capital expenditures, principal payments on capital leases and financing
obligations and the mandatory annual repayment of 1% of our Term Loan
principal balance):

Nine Months Ended

September 30,

2013

2012

Cash flows provided by operating activities

$

102,814

$

68,066

Principal receipts from long-term receivables

10,254

10,276

Additions to property and equipment

(4,547

)

(13,477

)

Principal payments on capital lease and financing obligations

(7,515

)

(8,246

)

Mandatory 1% of Term Loans principal balance repayment

(2,400

)

(5,565

)

Free cash flow

98,606

51,054

Dividends paid on common stock

(43,170

)

—

Repurchase of DineEquity common stock

(24,663

)

—

$

30,773

$

51,054

DineEquity, Inc. and Subsidiaries

Non-GAAP Financial Measures

(In millions)

(Unaudited)

Reconciliation of U.S. GAAP gross segment profit to segment EBITDA:

Three months ended September 30, 2013

Franchise -Applebee's

Franchise -IHOP

CompanyRestaurants

RentalOperations

FinancingOperations

Total

Revenue

$

50,912

$

60,806

$

15,419

$

30,990

$

3,156

$

161,283

Expense

1,619

26,775

15,697

24,149

—

68,240

Gross segment profit

49,293

34,031

(278

)

6,841

3,156

93,043

Plus:

Depreciation/amortization

2,671

—

545

3,339

—

6,555

Interest charges

—

—

92

3,846

—

3,938

Segment EBITDA

$

51,964

$

34,031

$

359

$

14,026

$

3,156

$

103,536

Three months ended September 30, 2012

Franchise -Applebee's

Franchise -IHOP

CompanyRestaurants

RentalOperations

FinancingOperations

Total

Revenue

$

43,771

$

58,903

$

79,572

$

30,920

$

3,152

$

216,318

Expense

1,129

26,019

68,541

24,237

15

119,941

Gross segment profit

42,642

32,884

11,031

6,683

3,137

96,377

Plus:

Depreciation/amortization

2,478

—

1,645

3,362

—

7,485

Interest charges

—

—

93

4,189

—

4,282

Segment EBITDA

$

45,120

$

32,884

$

12,769

$

14,234

$

3,137

$

108,144

Nine months ended September 30, 2013

Franchise -Applebee's

Franchise -IHOP

CompanyRestaurants

RentalOperations

FinancingOperations

Total

Revenue

$

151,868

$

179,710

$

48,041

$

92,724

$

10,223

$

482,566

Expense

4,551

78,173

48,151

72,953

245

204,073

Gross segment profit

147,317

101,537

(110

)

19,771

9,978

278,493

Plus:

Depreciation/amortization

8,142

—

1,616

10,093

—

19,851

Interest charges

—

—

279

11,958

—

12,237

Segment EBITDA

$

155,459

$

101,537

$

1,785

$

41,822

$

9,978

$

310,581

Nine months ended September 30, 2012

Franchise -Applebee's

Franchise -IHOP

CompanyRestaurants

RentalOperations

FinancingOperations

Total

Revenue

$

137,540

$

176,002

$

274,259

$

92,096

$

11,394

$

691,291

Expense

3,075

78,051

232,298

73,075

1,586

388,085

Gross segment profit

134,465

97,951

41,961

19,021

9,808

303,206

Plus:

Depreciation/amortization

7,416

—

6,354

10,271

—

24,041

Interest charges

—

—

285

12,835

—

13,120

Segment EBITDA

$

141,881

$

97,951

$

48,600

$

42,127

$

9,808

$

340,367

Restaurant Data

The following table sets forth, for the three and nine months ended
September 30, 2013 and 2012, the number of "Effective Restaurants" in
the Applebee's and IHOP systems and information regarding the percentage
change in sales at those restaurants compared to the same periods in the
prior year. Sales at restaurants that are owned by franchisees and area
licensees are not attributable to the Company. However, we believe that
presentation of this information is useful in analyzing our revenues
because franchisees and area licensees pay us royalties and advertising
fees that are generally based on a percentage of their sales, and, where
applicable, rental payments under leases that may be partially based on
a percentage of their sales. Management also uses this information to
make decisions about future plans for the development of additional
restaurants as well as evaluation of current operations.

Three Months Ended

Nine Months Ended

September 30,

September 30,

2013

2012

2013

2012

(unaudited)

Applebee's Restaurant Data

Effective Restaurants(a)

Franchise

1,986

1,871

1,998

1,861

Company

23

144

23

156

Total

2,009

2,015

2,021

2,017

System-wide(b)

Sales percentage change(c)

0.0

%

2.4

%

0.6

%

1.7

%

Domestic same-restaurant sales percentage change(d)

(0.4

)%

2.0

%

(0.1

)%

1.3

%

Franchise(b)(e)

Sales percentage change(c)

6.2

%

8.4

%

7.7

%

7.0

%

Domestic same-restaurant sales percentage change(d)

(0.4

)%

2.2

%

(0.1

)%

1.2

%

Average weekly domestic unit sales (in thousands)

$

44.9

$

45.1

$

47.2

$

47.4

Three Months Ended

Nine Months Ended

September 30,

September 30,

2013

2012

2013

2012

(unaudited)

IHOP Restaurant Data

Effective Restaurants(a)

Franchise

1,413

1,377

1,410

1,375

Area license

168

165

12

165

Company

12

17

167

15

Total

1,593

1,559

1,589

1,555

System-wide(b)

Sales percentage change(c)

6.1

%

0.9

%

4.2

%

1.9

%

Domestic same-restaurant sales percentage change(d)

3.6

%

(2.0

)%

1.7

%

(1.3

)%

Franchise(b)

Sales percentage change(c)

6.2

%

0.4

%

4.3

%

1.6

%

Domestic same-restaurant sales percentage change(d)

3.6

%

(2.0

)%

1.7

%

(1.2

)%

Average weekly domestic unit sales (in thousands)

$

35.0

$

33.8

$

34.8

$

34.2

Area License (b)

Sales percentage change(c)

7.9

%

4.0

%

5.6

%

3.5

%

(a)

Effective Restaurants are the weighted average number of
restaurants open in a given fiscal period, adjusted to account for
restaurants open for only a portion of the period. Information is
presented for all Effective Restaurants in the Applebee's and IHOP
systems, which includes restaurants owned by the Company as well
as those owned by franchisees and area licensees.

(b)

“System-wide” sales are retail sales at Applebee's restaurants
operated by franchisees and IHOP restaurants operated by
franchisees and area licensees, as reported to the Company, in
addition to retail sales at company-operated restaurants. Sales at
restaurants that are owned by franchisees and area licensees are
not attributable to the Company. Unaudited reported sales for
Applebee's domestic franchise restaurants, IHOP franchise
restaurants and IHOP area license restaurants for the three and
nine months ended September 30, 2013 and 2012 were as follows:

Three Months Ended

Nine Months Ended

September 30,

September 30,

2013

2012

2013

2012

(In millions)

Reported sales (unaudited)

Applebee's franchise restaurant sales

$

1,073.7

$

1,011.4

$

3,409.4

$

3,165.4

IHOP franchise restaurant sales

$

642.6

$

604.8

$

1,912.7

$

1,834.6

IHOP area license restaurant sales

$

61.8

$

57.3

$

188.0

$

178.1

(c)

“Sales percentage change” reflects, for each category of
restaurants, the percentage change in sales in any given fiscal
period compared to the prior fiscal period for all restaurants in
that category.

(d)

“Domestic same-restaurant sales percentage change” reflects the
percentage change in sales, in any given fiscal period, compared
to the same weeks in the prior year for domestic restaurants that
have been operated throughout both fiscal periods that are being
compared and have been open for at least 18 months. Because of new
unit openings and restaurant closures, the domestic restaurants
open throughout both fiscal periods being compared may be
different from period to period. Same-restaurant sales percentage
change does not include data on IHOP area license restaurants
located in Florida.

(e)

The sales percentage change for the three and nine months ended
September 30, 2013 and 2012 for Applebee's franchise restaurants
was impacted by the refranchising of 154 company-operated
restaurants during 2012.

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